.
MergerLinks Header Logo

New Deal


Announced

Completed

Halma completed the acquisition of IZI Medical Products from Shore Capital for $168m.

Financials

Edit Data
Transaction Value£151m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales5x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Majority

Friendly

medical devices

United States

Medical Supplies

Single Bidder

medical consumable devices

Acquisition

Cross Border

Private

Completed

Private Equity

Synopsis

Edit

Halma, the global group of life-saving technology companies, completed the acquisition of IZI Medical Products, a designer, manufacturer and distributor of medical consumable devices, from Shore Capital, a private equity firm, for $168m. "Our purpose is to improve patients' lives with physician-led innovation. This vision aligns to Halma's when it comes to improving quality of care delivered by healthcare providers. Many physicians started using our technologies in medical school and have continued to do so throughout their careers. Joining the Halma group will take IZI Medical Products to the next level, adding R&D, commercial and international growth opportunities that will help us in our journey to advance healthcare for patients worldwide," Greg Groenke, IZI Medical Products CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US